** charts after earnings **
Honeywell misses by $0.01, reports revs in-line; reaffirms FY16 EPS guidance, revs guidance :
Reports Q4 (Dec) earnings of $1.58 per share, $0.01 worse than the Capital IQ Consensus of $1.59; revenues fell 2.8% year/year to $9.98 bln vs the $9.98 bln Capital IQ Consensus.
- Co reaffirms guidance for FY16, sees EPS of $6.45-6.70 vs. $6.57 Capital IQ Consensus Estimate; sees FY16 revs of $39.9-40.9 bln vs. $40.52 bln Capital IQ Consensus Estimate.
- "We are planning conservatively in 2016 as we are expecting another year of slow global economic growth...We expect continued margin expansion and earnings outperformance in 2016 and over the long term, supported by our balanced portfolio, HOS Gold breakthrough goals, further penetration of High Growth Regions, and funded restructuring projects."
No comments:
Post a Comment